• Globalisation of Indian Economy' means :

    A) stepping up external borrowings

      B) establishing Indian business units abroad

    C) having minimum possible restriction on economic relations with other countries

      D) giving up programmes of import substitution

    Correct Answer:
    C) having minimum possible restriction on economic relations with other countries

Similar Questions
1). The contribution of agriculture to India's economy is :
A). increasing B). decreasing
C). constant D). none of these
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2). Which of the following bodies finalises the Five Year Plan proposals?
A). Planning Commission B). Union Cabinet
C). National Development Council D). Ministry of Planning
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3). National Development Council was set up in :
A). 1948 B). 1950
C). 1951 D). 1952
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4). Economic Planning is a subject :
A). in the Union List B). in the State List
C). in the Concurrent List D). unspecific in any special list
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5). For internal financing of Five Year Plans, the government depends on :
A). taxation only B). taxation and public borrowing
C). public borrowing and deficit financing D). taxation, public borrowing and deficit financing
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6). The National Development Council gets its administrative support from :
A). Planning Commission B). Finance Commission
C). Administrative Reforms Commission D). Sarkaria Commission
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7). The Fiver Year Plans of India intend to develop the country industrially through :
A). the public sector B). the private sector
C). the public, private, joint and Cooperative sectors D). increasing collaboration with non-resident Indians
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8). The Planning Commission is :
A). a Ministry B). a Government department
C). an Advisory body D). an autonomous Corporation
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9). Which of the following statements is correct?
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C). The Minister of Planning is always necessarily the Deputy Chairman of
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10). The principal reason why national economic planning is still being pursued
in spite of embracing a market economy since 1991 is that :
A). The vast quantity of capital already deployed in the public sector needs to be
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central in agriculture is necessary.
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